We recently were contacted by someone looking to sell a small mineral interest they had trouble finding a buyer for. The interest was very small and the royalty paid less than $20 a year. The seller needed to sell quickly in order to pay for medical expenses. Even...

My wife and I made it a goal to pay off our home in our mid-thirties and it took a while for it to fully sink in when we accomplished our goal. It was a wonderful feeling to know that the bank no longer owned our home. It gives me great satisfaction to know that my...

We recently had an appraiser value an undivided interest in West Texas ranch land. The appraiser discounted the interest by 50%. So that means that if the whole value of the land would have been worth 100,000, a 25% interest would be worth $12,500 rather than...

I recently had the pleasure of having a conversation with Mr. B, a gentleman in his late 80s who I know to be happy, wealthy and wise. Most people would consider Mr. B. a success by any standard. He is a warm, thoughtful and intelligent man with a lot of life...

Have you ever noticed abandoned or severely dilapidated houses that stand apart from their communities? I’m talking about the homes you see where someone clearly spent significant money to purchase them or to pay off a mortgage over a number of years. How do...